TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS): RELATED PARTY TRANSACTIONS PROPOSED DISPOSAL OF LEASEHOLD LAND MEASURING APPROXIMATELY 118.56 ACRES BY UMW CORPORATION SDN BHD (“UMWC”) TO PERODUA SALES SDN BHD (“PSSB”) FOR A TOTAL CASH CONSIDERATION OF RM49,062,499.20
| UMW HOLDINGS BERHAD |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) RELATED PARTY TRANSACTIONS |
| Description | PROPOSED DISPOSAL OF LEASEHOLD LAND MEASURING APPROXIMATELY 118.56 ACRES BY UMW CORPORATION SDN BHD (“UMWC”) TO PERODUA SALES SDN BHD (“PSSB”) FOR A TOTAL CASH CONSIDERATION OF RM49,062,499.20 |
Further to our announcements dated 19th and 20th December 2013 in relation to the above matter, we wish to announce that all the terms and conditions of the Sale and Purchase Agreement in respect of the proposed disposal of leasehold land measuring in total 118.56 acres by UMWC, a wholly-owned subsidiary of UMW Holdings Berhad, to PSSB, have been fulfilled and the disposal is now completed. This announcement is dated 6th June 2014.
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Announcement Info
| Company Name | UMW HOLDINGS BERHAD |
| Stock Name | UMW |
| Date Announced | 6 Jun 2014 |
| Category | General Announcement |
| Reference No | UH-140605-50995 |